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WH Ireland

  • BY: Andrew Hore |
  • POSTED: 21/04/2011 |

At today’s AGM WH Ireland chairman Rupert Lowe said that the Aim adviser has been operating profitably since September 2010.

Over that time WH Ireland has raised £50m for clients, against £20m in the same period of the previous financial year. The broker is hopeful that changes to EIC and VCT rules will help to make it easier to raise cash for small companies.

WH Ireland has raised cash from selling investments, including its stake Aim-quoted trade finance provider Ultimate Finance.

New staff are making a contribution to revenues and a market making operation has been started.

At 66p a share, WH Ireland is valued at £14m.

Download the April edition of AIM Journal at http://www.hubinvest.com/AIMPDFApril2011_19.pdf

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